Market outlook:
- trend is up on daily charts
- today nifty closed 1.2% in positive at 11301
- AD was 11:7
- swing low support 10600 resistance 11400/ 11500 (minor)
- strong support expected around 11000
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaa3lcV38Hr8_MWnvZ1opYeVM6qkP4-sYmKe_YpJL8WqW03444sSujkRFEYG-a6c6Vjmd4kkoFgspUP-GzxBVbD2rMJR9DDBmgFdI3BvMg1DoFycdhKwTOquF1UwHbqj3aP-iyoOPQ1uyZ/s640/a.png)
5 min charts:
- traded long
- in these fast moving one side markets, there is really not much analysis to do
- just define the risk and enter the trade.
- doing mix of intraday and positional call options
- I am also continuing with my favourite strategy of writing OTM puts (covered). We are short in 11200, 11000 and 10800 puts which are hedged by a long position in put (100 points lower). Max profit is 30 points and max loss is 70 points per pair. So far loss looks unlikely and everything is in profit.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSFrBLbd1XtApR0H5p_LxAp7JD9WkcJnvtmLujnUbbTQSHayt04FXhj0F2sReuLUHBTR_ThXyN-htJig27YlTcf_qMcVLUhqj5U9YvmzHBcT6jbmN_7CrZB1w59ZgZ9ch5ES34EMYALw2t/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjx75zVfCINbsYdKwcpjO_iRayvdm58PWm2als9Sgg0RGV4lifstM4O45djzi4UZAYcUtWUkSVkfnEGRg87dXNzzX4UxyTJPQXZIhyLGqR20vtKS-eIutI120-MALP-eQ9bj7kbqkXbclKZ/s640/a.png)
- trend is up on daily charts
- today nifty closed 1.2% in positive at 11301
- AD was 11:7
- swing low support 10600 resistance 11400/ 11500 (minor)
- strong support expected around 11000
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaa3lcV38Hr8_MWnvZ1opYeVM6qkP4-sYmKe_YpJL8WqW03444sSujkRFEYG-a6c6Vjmd4kkoFgspUP-GzxBVbD2rMJR9DDBmgFdI3BvMg1DoFycdhKwTOquF1UwHbqj3aP-iyoOPQ1uyZ/s640/a.png)
5 min charts:
- traded long
- in these fast moving one side markets, there is really not much analysis to do
- just define the risk and enter the trade.
- doing mix of intraday and positional call options
- I am also continuing with my favourite strategy of writing OTM puts (covered). We are short in 11200, 11000 and 10800 puts which are hedged by a long position in put (100 points lower). Max profit is 30 points and max loss is 70 points per pair. So far loss looks unlikely and everything is in profit.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSFrBLbd1XtApR0H5p_LxAp7JD9WkcJnvtmLujnUbbTQSHayt04FXhj0F2sReuLUHBTR_ThXyN-htJig27YlTcf_qMcVLUhqj5U9YvmzHBcT6jbmN_7CrZB1w59ZgZ9ch5ES34EMYALw2t/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjx75zVfCINbsYdKwcpjO_iRayvdm58PWm2als9Sgg0RGV4lifstM4O45djzi4UZAYcUtWUkSVkfnEGRg87dXNzzX4UxyTJPQXZIhyLGqR20vtKS-eIutI120-MALP-eQ9bj7kbqkXbclKZ/s640/a.png)
No comments:
Post a Comment